VDT Input Tax – attribution – company making exempt taxable and foreign supplies – partial exemption special method – voluntary disclosure – method in form of a written direction – interpretation – whether interpretation subject to an overriding consideration of a ‘fair and reasonable recovery’ – No – whether the agreed method stands until altered – Yes – whether repayment due – Yes. VAT Regulations 1995; 101-3 VAT (Input Tax) (Specified Supplies) Order 1999.
Citations:
[2007] UKVAT V20355
Links:
VAT
Updated: 12 July 2022; Ref: scu.262464